World's Best CEOs are mostly Engineers | Learn Here Why

The ability to solve problems by looking into each detail is in the gene of Engineers. Business Graduates look after the business opportunity, and engineers pay attention to issues rather than the business. This ability lets them stand distinct from regular CEOs and allows them to do business by selling the solution.

Harvard Business Review recently published the world's top-performing CEOs. And guess what? 34 out of the top 100 have Engineering Degrees. The world’s Top Brands like Microsoft, Google, Facebook solved problems people face by making a solution, and CEOs are Engineers.

Best Performing 100 CEO and their Degree

Let’s dig into the topics covered.

Who are CEOs ?

The Chief Executive Officer (CEO) is responsible for every regular task going on in the organization. A single decision by this position might drastically change the way daily operation operates. The elected CEO's primary job is to make significant decisions managing all the organization's resources. They don’t get involved in day-to-day operations, but their high-level strategic planning plays a vital role in its growth.

“Becoming a leader is synonymous with becoming yourself. It is precisely that simple, and it is also that difficult”.

 -Warren Bennis

Why Engineer CEO ? 

Dig trivial things

The ultimate goal of any business is to help people by solving their problems. I once heard that a 10th failed salesperson ended up selling a Fishing Rod to a customer asking for Hat for his weekend trip to a beach-station. A quick lesson from this incident is paying attention to every aspect of customers' needs, mentality, and the potential product you can sell. Solving Minor problems might make a billion-dollar enterprise.

People have made Tons of Electric Cars prototypes, But why Elon Musk,s Tesla leave all of them behind? Because He pays attention to every need of people using Cars and what they want to see in an Electric Cars.

Business Development Cycle

The Major problem has to be solved; either way, people might even get it done by themselves with proper research and calculation. But Engineers have been taught to consider even minor obstacles to complete a project. This ability to think about people’s trivial things make their product/service meaningful. This is what the CoFounder of Google, Larry Page, has to say on digging deep into the product.

“Always deliver more than expected.”

- Larry Page, CoFounder of Google

Efficient Problem Solver

Efficiency is the only thing a community looks after before purchasing any problem-solving product/service. The ability to obsess to do something better, cheaper, and quicker produces the best output. Whether by creating software or physical infrastructure, the CEO must make a vital analytical skill and concentration to the problem and solution. Good analytics of on-going problems of people do a perfect business. Improving even a tiny part of the solution would turn it into a great piece of art.

Problem Solving Cycle

Facebook CEO Mark Zuckerburg never thought of building such a big brand, but his product solved the way people connect & interact with each other, and it got viral just because it efficiently solved the problem.

Engineers have the intelligence to understand people of every financial background, every education level. Uniqueness in product/service has to touch every one of people looking for this solution.

Amazon owns 47% of the US eCommerce market because it efficiently delivers the goods within one day.

Powerful Decision Maker

If you are an Engineer, you know how powerful a decision is, and we have been making this from our first day at college. A Strong Decision has to be made in every construction, design, programming, and making module of a system.

Satya Nadella, the Microsoft CEO, has completely changed the company by making some of the best decisions like Cloud Computing and Mobile. He also decided to discontinue the Windows phone, which was not performing well. Too focused on Open Source Softwares and B2B marketplace to skyrocket its Value from $300 Billion to $1700+ Billion in 2021.

Believe in Group Work

 Completing a project never would have been possible, with experts discussing how, when, and why to achieve this. Organizing, dividing, and compiling a project's task by listening to an Engineer CEO is much easier than the one who completed his MBA from a reputed university in the United States.

Tim Cook, the Apple CEO, is a great Team Player; he listens to his team, trusts, and welcomes their ideas, be humble, and gives appropriate feedback to all of them. He even admits when he is wrong.

According to his skill, a capacity of knowing the strength of an employee and handing over his task make the perfect combination. He also motivates employees to work hard to achieve the ultimate goal of making the product which also enhances teamwork quality.

Larry Page, CoFounder of Google, wants to see diversity in the team; their background, education, and strength bring energy. Also, he motivates all of his employees to work efficiently rather than working hard.

Expertise in Technology

Revolutionizing a company to a whole level requires expertise in technology and trends in the outer world. Understanding the latest technology efficiently will allow an Engineer CEO to move along with the technology. Whenever a new business plan is introduced, they can utilize technology in their product. Also, a Tech geek might even see the incredible business opportunity in an ongoing viral Technology.

Mark Zuckerberg, a programmer, made a college project with PHP and named it The Facebook. In recent days he made it one of the top three companies in the world.

CEOs with IT background have better knowledge in technologies required to build online/offline assets for business. They themselves can design and develop a responsive website, mobile app, and other online tools to get better visibility on the Internet. Whereas MBA graduates don't have in- depth knowledge on technology.

Elon Musk, the CEO of Tesla, and SpaceX studied Arts in college but researched more than anyone else on Rocket science to become familiar with technology and make a Billion Dollar company. They are even thinking about bringing life to Mars.

Conclusion

CEO is not just a position; it's the brain of the organization. Everything an organization achieves is the results of brainstorm and research of hundreds of hours. A Good CEO is responsible for all aspects of the organization.

An Engineer CEO always looks forward to doing all of the responsible tasks that a perfect CEO has. On top of that, Engineers give extensive focus on the product along with managerial functions that a CEO has to look after. .Research found engineering the most common Degree among the world’s Top 500 CEOs in numerous analysis. Because of the systemic way they are taught to approach the world, they’ve found many problems and solved them on a real-world basis.